BP PLC said it agreed with the core conclusion of a joint report that the deepwater Macondo well blowout and resulting explosion and fire on Transocean Ltd.’s Deepwater semisubmersible stemmed from multiple causes and decisions involving BP and contractors Transocean and Halliburton Co.

Cameron International Corp., which manufactured the blowout preventer used on Transocean Ltd.’s Deepwater Horizon semisubmerisble, agreed to pay a $250 million settlement to BP PLC, and BP agreed to indemnify Cameron for current and future compensatory claims associated with an oil spill.

A Transocean Ltd. subsidiary agreed to plead guilty to violating the US Clean Water Act and to pay a total of $1.4 billion in civil and criminal fines and penalties for its conduct related to the blowout of the deepwater Macondo well and the explosion and fire on the Deepwater Horizon ...

The National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling found several immediate causes contributed to the Macondo well blowout on Apr. 20, 2010, although its Jan. 11 report concluded that the root cause was a failure of management by the three main companies involved in

The National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling found several immediate causes contributed to the Macondo well blowout on Apr. 20, 2010, although its Jan. 11 report concluded that the root cause was a failure of management by the three main companies involved in

The US Department of Justice and Environmental Protection Agency jointly sued to recover damages from the Apr. 20 Macondo well accident, which claimed 11 lives, and subsequent crude oil spill into the Gulf of Mexico.

A failure of management by the three main companies involved in drilling the Macondo deepwater oil well was the single biggest reason it blew out and exploded on Apr. 20, killing 11 workers and creating a massive spill, US President Barack Obama’s independent oil spill commission concluded.

BP PLC, operator of the Macondo well in the Gulf of Mexico, said a series of failures, both mechanical and human, made by "multiple companies" contributed to the well's blowout and subsequent fire and explosion on Transocean Ltd.'s Deepwater Horizon semisubmersible.

BP PLC, operator of the Macondo well in the Gulf of Mexico, said a series of failures, both mechanical and human, made by “multiple companies” contributed to the well’s blowout and subsequent fire and explosion on Transocean Ltd.’s Deepwater Horizon semisubmersible.

damage is upsetting, but the Macondoblowout in the Gulf of Mexico has generated ..... DC. The implications of the Macondoblowout in the deepwater gulf "are major ..... of the investigations into the Macondoblowout . It will be for HSE to consider